AGL 40.21 Increased By ▲ 0.21 (0.53%)
AIRLINK 126.90 Decreased By ▼ -0.14 (-0.11%)
BOP 6.62 Decreased By ▼ -0.05 (-0.75%)
CNERGY 4.52 Increased By ▲ 0.01 (0.22%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.72 Increased By ▲ 0.28 (0.68%)
DGKC 86.90 Increased By ▲ 0.05 (0.06%)
FCCL 32.40 Increased By ▲ 0.12 (0.37%)
FFBL 65.10 Increased By ▲ 0.30 (0.46%)
FFL 10.19 Decreased By ▼ -0.06 (-0.59%)
HUBC 109.60 Increased By ▲ 0.03 (0.03%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.13 Increased By ▲ 0.08 (1.58%)
KOSM 7.55 Increased By ▲ 0.09 (1.21%)
MLCF 41.50 Increased By ▲ 0.12 (0.29%)
NBP 59.69 Decreased By ▼ -0.72 (-1.19%)
OGDC 194.69 Increased By ▲ 4.59 (2.41%)
PAEL 28.20 Increased By ▲ 0.37 (1.33%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 152.52 Increased By ▲ 2.46 (1.64%)
PRL 26.63 Decreased By ▼ -0.25 (-0.93%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 79.70 Decreased By ▼ -6.30 (-7.33%)
TELE 7.47 Decreased By ▼ -0.24 (-3.11%)
TOMCL 35.45 Increased By ▲ 0.04 (0.11%)
TPLP 8.25 Increased By ▲ 0.13 (1.6%)
TREET 16.06 Decreased By ▼ -0.35 (-2.13%)
TRG 52.98 Decreased By ▼ -0.31 (-0.58%)
UNITY 26.75 Increased By ▲ 0.59 (2.26%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,941 Increased By 56.9 (0.58%)
BR30 30,902 Increased By 301.8 (0.99%)
KSE100 93,790 Increased By 434.4 (0.47%)
KSE30 29,067 Increased By 136.1 (0.47%)

Federal Board of Revenue (FBR) has allowed National Logistic Cell (NLC) to hire private trucks to dispose off thousands of containers loaded with Afghanistan-bound goods under Afghan Transit Trade (ATT).
Talking to Business Recorder, Chairman of Sarhad Chamber of Commerce & Industry (SCCI) and Standing Committee on Railway and Dryport, Zia-ul-Haq Sarhadi said that the permission has been given for a specific period of two months. Under the permission, NLC has been asked to hire trucks of bonded carriers to lift the goods stranded at Karachi Dry port.
Sarhadi said that the missing of Afghanistan bound containers had created a lot of difficulties for the businessmen and the FBR officials were hesitating to clear the goods. He informed that the majority of the containers went missing were supply goods for North Atlantic Treaty Organisation (Nato) and international security assistance force (ISAF) in Afghanistan while the number of commercial containers was nominal. He said that the situation had deteriorated with the involvement of NLC as under ATT Treaty of 1965, only Pakistan Railways were allowed to carry the transit goods. He said that there were minor cases of theft and there was no case of the unsealing of the containers when it was carried out through Pakistan Railways. He added that NLC had failed in the correct handling of transit goods as it hired private trucks that resulted in the deteriorating of the situation.

Copyright Business Recorder, 2011

Comments

Comments are closed.